Blue sky is just about guaranteed - the only objection or doubt that the market has is the funding - so i agree with you there - but, look at the new personel they've put on, and with funding experience.
Two factors will occur that will cement EXM's success; increase jorc estimate and production planning, and funding arrangements; and with the 80% open cut mining of the resource & low production cost of under $400 - blue sky is guaranteed.
Lets not forget that they also have other extensive greenfield gold prospects & uranium prospects in the N.T: and i would imagine that once the Tenant Creek mine is up and running and cash positive, that their attention will turn to these other oppurtunities which will only add to long-term shareholder value.
So overall, this little company is one extremely undervalued, long-term opportunity.. so blue skies in my opinion is just a matter of time, and the trader's sell wall will eventually collapse.
Just my opinion
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Blue sky is just about guaranteed - the only objection or doubt...
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Last
$4.36 |
Change
-0.100(2.24%) |
Mkt cap ! $306.3M |
Open | High | Low | Value | Volume |
$4.40 | $4.44 | $4.35 | $2.229M | 506.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1785 | $4.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.38 | 319 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1991 | 4.340 |
2 | 399 | 4.330 |
3 | 1544 | 4.320 |
1 | 2770 | 4.310 |
1 | 9302 | 4.300 |
Price($) | Vol. | No. |
---|---|---|
4.380 | 514 | 2 |
4.400 | 3410 | 2 |
4.410 | 356 | 1 |
4.430 | 628 | 1 |
4.450 | 785 | 1 |
Last trade - 14.55pm 19/11/2024 (20 minute delay) ? |
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